Before You Buy a Vacation Home
Posted on March 4, 2016
At Southern Rentals and Real Estate, we love a good investment property. With great¬†friends and even better property managers at our fingertips, we always like to encourage our clients to look at the possibilities and then decide what is best for them.
For some buyers it makes sense to invest in an Orange Beach vacation rental, for others it may not. We have a few questions you should ask yourself before buying a vacation rental.
Number one: Do you love the location?¬†Nice weather year-round makes this question a no-brainer for us. The second question you should ask yourself is, how often can you get there?¬†Commuting is a huge deciding factor. You have to determine how much time you can spend somewhere and is it worth the cost of owning and maintaining the property.
Lastly, could you rent the place? Again, for the Gulf Coast, this is not a problem. The important thing to remember here is to have an agent who knows the condo rules and renter’s interests.
Our Alabama real estate agents can do just that! Give us a call at 850.492.1826 to learn more!
Blog Investment Properties, Orange Beach, Real Estate, Vacation Rentals